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Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years

Vietnam's economy grew 9.95% in the third quarter of 2026, the fastest quarterly growth since Q3 2022. This growth is driven by a surge in exports and strong performance in various sectors. The country's GDP growth has accelerated from a revised 8.81% in the second quarter.

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  • ✓ Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
  • ✓ Vietnam's GDP growth accelerated from a revised 8.81% in the second quarter
  • ✓ All sectors posted solid gains: industry and construction surged 12.50%
  • ✓ Services rose 9.54%, accounting for 43.29% of total value added
🛡️ Source Corroboration: 10 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

The National Statistics Office reported Vietnam's Q3 GDP growth at 9.95%, the highest level since Q3 2022.

Live updates

  1. Vietnam's economy grows 9.95% in Q3, fastest pace in 4 years

    Vietnam's economy grew 9.95% in the third quarter of 2026, the fastest quarterly growth since Q3 2022. This growth is driven by a surge in exports and strong performance in various sectors. The country's GDP growth has accelerated from a revised 8.81% in the second quarter.

    Why it matters

    Vietnam's economic growth has been driven by its export-oriented manufacturing sector and strong foreign investment. The country's economy has been recovering well from the COVID-19 pandemic. A high growth rate is expected to continue, with the Asian Development Bank raising its 2026 GDP growth forecast for Vietnam to 7.8%.

    What is confirmed

    • Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
    • Vietnam's GDP growth accelerated from a revised 8.81% in the second quarter
    • All sectors posted solid gains: industry and construction surged 12.50%
    • Services rose 9.54%, accounting for 43.29% of total value added
    • Agriculture grew 4.21%, with a 5.14% share
    • Exports of goods and services climbed 23.27%

    Still unconfirmed

    • Vietnam is targeting economic growth of more than 10% this year

    What to watch next

    • Vietnam's GDP growth for the full year 2026
    • Impact of global uncertainty on Vietnam's exports and investment
    • The country's performance in achieving its 2026 economic targets
    Sources used for this update (11)
    1. Reuters — Vietnam's quarterly GDP grows fastest in 4 years as exports boom
    2. Bloomberg.com — Vietnam Nears 10% Growth as Economy Surges, Posts Trade Surplus
    3. Nikkei Asia — Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
    4. Vietnam.vn — The message about high growth and benefits for the people.
    5. Thông tấn xã Việt Nam (TTXVN) — PM Urges High Determination, Clear Roadmaps to Achieve 2026 Targets
    6. asia.nikkei.com — Vietnam's economy grew 9.95% in Q3, fastest pace in 4 years
    7. news.tuoitre.vn — Vietnam’s Q3 GDP growth hits highest level since 2022
    8. news.tuoitre.vn — What’s behind over 12% GRDP growth in Vietnam’s three fastest-growing localities? - Tuoi Tre News
    9. www.marketscreener.com — Vietnam's economy grows 9.95% in third quarter y/y, fastest in 4 years | MarketScreener
    10. vietnamnet.vn — Vietnam posts GDP growth of 9.95% in Q3 - Báo VietNamNet
    11. tradingeconomics.com — Vietnam Q3 GDP Growth Strongest Since 2022 - TRADING ECONOMICS
    confidence 95%
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